About GameStop (NYSE:GME)

GameStop Corp. is an omnichannel video game retailer. The Company sells video game hardware, physical and digital video game software, video game accessories, as well as mobile and consumer electronics products and other merchandise through its GameStop, EB Games and Micromania stores. It operates its business in five segments, which consists of four Video Game Brands segments: United States, Canada, Australia and Europe, and Technology Brands segment. Each of the Video Game Brands segments consists primarily of retail operations, with all stores engaged in the sale of new and pre-owned video game systems, software and accessories, which it refers to as video game products. Its Video Game Brands stores sell various types of digital products, including downloadable content, network points cards, prepaid digital, and also sell certain mobile and consumer electronics products and collectible products. Its Technology Brands segment includes its Spring Mobile and Simply Mac businesses.

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GameStop (NYSE:GME) Frequently Asked Questions

What is GameStop's stock symbol?

GameStop trades on the New York Stock Exchange (NYSE) under the ticker symbol "GME."

How often does GameStop pay dividends? What is the dividend yield for GameStop?

GameStop announced a quarterly dividend on Wednesday, November 22nd. Stockholders of record on Friday, December 1st will be paid a dividend of $0.38 per share on Tuesday, December 12th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 9.27%. The ex-dividend date of this dividend is Thursday, November 30th. View GameStop's Dividend History.

How were GameStop's earnings last quarter?

GameStop Corp. (NYSE:GME) released its quarterly earnings data on Tuesday, November, 21st. The company reported $0.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.43 by $0.11. The business earned $1.99 billion during the quarter, compared to analyst estimates of $1.98 billion. GameStop had a return on equity of 16.50% and a net margin of 3.98%. The business's revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.49 EPS. View GameStop's Earnings History.

When will GameStop make its next earnings announcement?

What guidance has GameStop issued on next quarter's earnings?

GameStop updated its FY18 earnings guidance on Tuesday, November, 21st. The company provided EPS guidance of $3.10-3.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.34.

Where is GameStop's stock going? Where will GameStop's stock price be in 2018?

11 brokerages have issued 1-year price targets for GameStop's stock. Their forecasts range from $15.00 to $27.00. On average, they anticipate GameStop's share price to reach $22.89 in the next year. View Analyst Ratings for GameStop.

What are Wall Street analysts saying about GameStop stock?

Here are some recent quotes from research analysts about GameStop stock:

2. According to Zacks Investment Research, "Though GameStop shares have underperformed the industry in the past three months, it still can get some cushion in the near term owing to upbeat comps view and better-than-expected third-quarter fiscal 2017 results. Further, the company believes that new console hardware as well as collectibles will drive holiday season results. It also anticipates robust demand for Nintendo Switch during the holiday season. Moreover, gains in collectibles business continue to bode well. GameStop continues to expect collectibles business to generate approximately $650-$700 million revenue during fiscal 2017 and anticipates becoming a $1 billion business by the end of fiscal 2019. However, technology brands, which has impressed investors with its performance in the past disappointed in the reported quarter. Further, the company stated that the performance of technology brands in the fourth quarter will mostly depend on the availability of iPhone X." (11/23/2017)

3. Hilliard Lyons analysts commented, "With a low valuation and high dividend yield, we have some attraction to the stock. However, the overriding factors in our downgrade are a change in direction for projected earnings (down rather than up),growing concern for the core videogame retailing business, our slightly less bullish view on the diversification strategy, and lower projected free cash flow for the current fiscal year. We consider the dividend, currently yielding 7.3%, adequately covered by cash flow. We have lowered our Suitability rating to 4 from 3 based on our latest views on company fundamentals and industry trends." (3/27/2017)

4. Mizuho analysts commented, "GME shares are down 10% based on news that Twitch will begin selling games and Microsoft's Xbox Game Pass will offer a new game subscription service. We think this move is overdone and we'd be buyers on this weakness. We wanted to share our initial thoughts." (2/28/2017)

Are investors shorting GameStop?

GameStop saw a decrease in short interest during the month of January. As of January 12th, there was short interest totalling 35,860,720 shares, a decrease of 1.5% from the December 29th total of 36,411,374 shares. Based on an average trading volume of 4,824,997 shares, the short-interest ratio is presently 7.4 days. Currently, 36.2% of the company's shares are sold short.

Who bought GameStop stock? Who is buying GameStop stock?

GameStop's stock was purchased by a variety of institutional investors in the last quarter, including Armistice Capital LLC, American International Group Inc., Bank of New York Mellon Corp, BlackRock Inc., Aperio Group LLC, Allianz Asset Management GmbH, Wells Fargo & Company MN and Towle & Co.. View Insider Buying and Selling for GameStop.

How do I buy GameStop stock?

Shares of GameStop can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is GameStop's stock price today?

One share of GameStop stock can currently be purchased for approximately $16.40.

How big of a company is GameStop?

GameStop has a market capitalization of $1.66 billion and generates $8.61 billion in revenue each year. The company earns $353.20 million in net income (profit) each year or $3.42 on an earnings per share basis. GameStop employs 23,000 workers across the globe.

How can I contact GameStop?

GameStop's mailing address is 625 Westport Pkwy, GRAPEVINE, TX 76051-6740, United States. The company can be reached via phone at +1-817-4242000 or via email at [email protected]

MarketBeat Community Rating for GameStop (GME)

MarketBeat's community ratings are surveys of what our community members think about GameStop and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

GameStop (NYSE:GME) Analysts' Consensus Rating

MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.